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Aro Granite Industries Limited

Aro Granite Industries Limited

AROGRANITE.NS
Aro Granite Industries LimitedIN flagNational Stock Exchange of India
25.26
INR
+0.18
- -
386.48MMarket Cap
Aro Granite Industries Limited
AROGRANITE.NS
(National Stock Exchange of India)

Recent

price

25.26

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
98.19
104.06
183.59
216.64
166.56
140.87
155.98
131.19
111.58
116.15
117.24
148.63
107.13
101.37
78
48.46
48.19
Revenue per Share
6.21
5.74
11.04
18.18
10.91
3.83
8.25
0.77
6.29
2.36
3.95
5.89
-3.78
0.86
-4.07
-7.79
-7.75
Basic EPS, GAAP
-3.14
-11.31
-22.94
-8.77
-5.31
-0.63
4.81
8.71
-19.43
-10.07
-2.5
-16.31
6.9
22.8
20.67
10.94
- -
Free Cash Flow per Basic Share
0.78
0.78
1.16
1.02
1.17
1.2
1.2
1.2
- -
1
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
49.7
53.35
87.98
96.66
80.35
81.61
87.39
88.12
93.52
95.51
99.46
105.99
100.93
101.77
9.7
10.09
10.03
Book Value per Share
68.57
73.53
120.21
122.33
101.13
103.68
110.77
111.5
116.62
118.62
122.5
129.77
124.47
125.42
117.69
114.58
113.94
Tangible Book Value per Share
15
15
10
12
15
15
15
15
15
15
15
15
15
15
16
15
15
Basic Weighted Avg Shares
1,502
1,592
1,873
2,513
2,548
2,156
2,387
2,007
1,724
1,777
1,794
2,247
1,639
1,551
1,231
735
735
Sales/Revenue/Turnover
11.46
10.48
10.95
11.55
7.89
6.69
8.62
3.15
9.03
9.03
8.26
7.89
8.42
12.34
-2.95
-11.33
-11.33
Operating Margin (%)
44
42
47
52
86
91
91
87
83
105
111
127
127
117
99
98
98
Depreciation Expense
95
88
113
211
167
59
126
12
97
36
60
89
-58
13
-64
-118
-118
Net Income, GAAP
23.88
26.08
25.97
25.64
12
13.58
22.95
8.76
22.46
30.29
24.19
17.35
- -
61.38
- -
- -
43.75
Effective Tax Rate (%)
6.32
5.51
6.01
8.39
6.55
2.72
5.29
0.58
5.64
2.03
3.37
3.96
-3.53
0.85
-5.22
-16.07
-16.07
Profit Margin (%)
491
485
535
690
928
875
939
871
690
437
662
1,026
1,003
1,019
868
837
837
Working Capital
48
31
70
- -
102
150
107
71
137
282
418
653
602
464
284
264
264
LT Debt
1,049
1,125
1,226
1,419
1,547
1,587
1,695
1,706
1,802
1,815
1,876
1,964
1,906
1,920
1,859
1,739
1,739
Total Equity
8.55
7.13
7.56
9.21
6.75
4.55
5.8
2.15
4.2
3.43
3.22
3.89
- -
1.9
- -
- -
- -
Return on Invested Capital (%)
7.59
6.14
6.66
10.38
9.15
4.04
6.92
1.93
5.36
2.69
3.24
4.55
- -
2.14
- -
- -
- -
Return on Capital (%)
13.01
11.14
13.14
20.9
14.2
4.73
9.76
0.87
6.96
2.48
4.06
5.7
-3.68
0.85
-7.51
-77.24
-14.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,325
- -
1,252
LT Borrowings
157
- -
264
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
15
- -
15
Market Capitalization
573
477
290

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,654
- -
2,627
Cash, Cash Equivalents & STI
94
- -
128
Accounts Receivable, Net
248
- -
225
Inventories
2,140
- -
2,126
Total Current Liabilities
1,894
- -
1,791
Payables & Accruals
- -
- -
- -
ST Debt
1,325
- -
1,252
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1%
-1.43%
-6.41%
Free Cash Flow
-65.49%
115.6%
-49.14%
Net Income, GAAP
1.27%
-149.05%
83.99%
Sales/Revenue/Turnover
-8.33%
-13.61%
-40.27%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
514
374
334
329
1,551
2025
376
286
301
268
1,231
2026
270
203
147
115
735

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.89
0.28
0.05
- -
0.86
2025
0.54
-4.66
- -
0.01
-4.07
2026
0.04
-1.66
-1.92
-4.21
-7.79

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Aro Granite Industries Limited engages in the manufacturing and trading of processed granite slabs, tiles and engineered quartz products. The company produces polished, flamed, honed, brushed, leather and caress finish granite slabs and tiles from Indian, African, Brazilian, Norwegian, Finnish, Iranian and Ukrainian sources; cut-to-size granite products; and quartz slabs and tiles in polished, honed and leather finishes. Incorporated in 1988 and headquartered in Hosur, India, with facilities in Hosur (a 100% export-oriented unit) and Jaipur (SEZ unit), Aro Granite operates an annual production capacity exceeding 1 million square meters for slabs and 360,000 square meters for tiles, serving export markets in over 50 countries including the United States, Canada, Europe, Japan and the Far East. Aro Granite maintains two primary business segments comprising manufacturing of natural stone granite slabs and tiles and manufacturing of engineered quartz slabs. Its product portfolio features over 100 shades of premium granites and quartzite, processed using Italian-imported machinery and supported by a 100% inspection system for quality control. The company targets international construction, residential and commercial customers requiring high-end natural and engineered stone solutions. Recent strategic developments include the 2019 commissioning of its Jaipur slab manufacturing facility to access North Indian quarries and expand production capacity by 150,000 square meters annually; the 2021 launch and subsequent ramp-up of quartz stone production at Hosur to 63.75% capacity utilization amid rising global demand; and the installation of a multi-wire granite cutting machine at Hosur to address raw material challenges and enhance efficiency. In fiscal 2024, the company executed a shift to a stock-and-sell model, implemented prudent capital expenditures totaling approximately 20 crores for future quartz capacity doubling, and reduced long-term debt by 38.86% to strengthen its balance sheet amid macroeconomic pressures. These initiatives position Aro Granite to mitigate export market volatility and capitalize on recovering global construction demand.